Earlier this month, chief financial officer Drew Wallach was promoted from senior vice president to executive vice president, in just one of a number of high-level advances at North Shore Bank.

Drew Wallach

Drew began his career with North Shore Bank as assistant vice president of investments 33 years ago this week. The holder of a Financial Analyst Charter, an MBA, and a bachelor’s of business administration, he has played an important role in helping the bank remain a steady, profitable institution over the past three decades — and throughout tumultuous events including the economic crash of 2008.

“It has been a joy to work for a business where ideas can generate positive outcomes,” Drew says. “Working at North Shore Bank, you can influence outcomes for the better. An individual in any position at the bank can make a real difference.”

He adds that he is honored to have been invited to help shape the bank’s future, and to have access to a senior management team that includes the experience, know-how, and trust to make success possible.

Drew’s responsibilities remain the same: He manages our investment portfolio, wholesale funding, and asset/liability management efforts, plays a key role on committees, works on our mergers and acquisitions, and handles economic forecasts for the bank. He is excited about our future and says the bank is stronger than ever. “North Shore Bank is comprised of great people, and we are in a great marketplace that offers great potential.”

“Drew Wallach has played an integral role in guiding North Shore Bank’s growth and success over more than 30 years with the bank. His experience and sound judgment have made him a trusted advisor to our team,” said chairman and CEO Jim McKenna. “Our business, as well as the customers and communities we serve, will continue to have an extremely bright future with Drew in this important leadership position.”

Ohlert, Schissler receive new titles
Chief credit officer Larry Wickter will retire this month, and commercial credit officer Mark Ohlert is taking his place. Since joining the bank nine years ago to manage the new Commercial Credit department, Mark has overseen ongoing growth in that area of our business. “I have enjoyed watching the development of our commercial credit capabilities under Mark’s watch, and I look forward to working with him directly as he takes on this key expanded role,” president and chief operating officer Jay McKenna said.

And HR chief Molly Schissler has been promoted to senior vice president, Human Resources and Compliance. She will now supervise the the HR, Facilities and Services, and Compliance departments. “This is appropriate recognition for the critical work done by Molly,” Jay said. “She has served a key role in strategic planning and acquisitions, while overseeing improvements in our employee training and benefits programs. Under her leadership we have achieved high levels of employee engagement, resulting in regular annual recognition from outside services.”

Congratulations, Drew, Mark, and Molly! Thank you for your dedication to North Shore Bank and our customers.